$495,000
SOLD JUN 14, 2018

987 Morro Rd Fallbrook, CA 92028

3 Beds
2 Baths
1,666 Sq Ft
0.5 Acres

Recently Sold

$297 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • La Paloma Elementary School Rated 9+
  • Partially Fenced Property

About This Home

As of August 2022

Rare opportunity to own one of the nicest homes in Fallbrook. Near the Grand Tradition Estate & Gardens. This half acre lot is adorned by Fig, Orange, and Grapefruit trees, with a very open and spacious backyard and plenty of space to enjoy the outdoors with newly installed wood fencing to maintain your privacy. This home has also been updated w/AC. New flooring throughout the home and a brand new front entrance door to welcome any guest. Neighborhoods: Fallbrook Equipment: Garage Door Opener, Range/Oven, Water Filtration Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Reena Chatkara

HomeSmart Realty West License #01451990 Listed on: 04/10/2018

HomeSmart Realty West

Last Buyer's Agent

Ruby Castaneda

California Properties GMAC License #01335140

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,456

Year Built

  • Built in 1979

Lot Details

  • Partially Fenced Property

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 1,666 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1052331200

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,456

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1052331200
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1666.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 297.12
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Electric, Propane, Forced Air, High Efficiency
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Cooling: Central Air
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 27, 2022
Sold by
Persad Jason S and Persad Marsha
Bought by
Gibson Ian and Gibson Rachel
Seller's Agent
Lindsay Himmel
First Team Real Estate
Buyer's Agent
Debbie Rogers-Griswold
Keller Williams Realty
List Price
$780,000
Sold Price
$780,000
Current Estimated Value
$836,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,982
Avg. Annual Appreciation
2.26%
Original Mortgage
$765,872
Outstanding Balance
$733,922
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$103,060

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 4, 2018
Sold by
Curry Jessica Anna and Curry Preston P
Bought by
Persad Jason S and Simmons Persad Marsha
Seller's Agent
Reena Chatkara
HomeSmart Realty West
Buyer's Agent
Ruby Castaneda
California Properties GMAC
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$511,335
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Dec 23, 2011
Sold by
Wetzel Stephen Michael and Wetzel Emily J
Bought by
Curry Jessica Anna and Curry Preston P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,632
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 2010
Sold by
Strata Auction Ii Llc
Bought by
Wetzel Stephen Michael and Wetzel Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,557
Interest Rate
4.35%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 2010
Sold by
Phillips Anthony G
Bought by
Strata Auction Ii Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Phillips Anthony G
Bought by
Phillips Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2002
Sold by
Phillips Christine
Bought by
Phillips Anthony G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
9.25%

Purchase Details

Closed on
Oct 4, 2001
Sold by
Samardzich Eleanor M and Samardzich Nick J
Bought by
Phillips Anthony and Phillips Christine

Purchase Details

Closed on
Sep 12, 1989

Purchase Details

Closed on
Jan 27, 1986

Purchase Details

Closed on
Jun 1, 1984
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $780,000 Ticor Title
Grant Deed $495,000 Ticor Title Company Of Ca
Grant Deed $355,000 Ticor Title
Grant Deed $305,000 Stewart Title Of California
Trustee Deed $219,500 None Available
Interfamily Deed Transfer -- Financial Title
Interfamily Deed Transfer -- Chicago Title Co
Quit Claim Deed -- --
Deed $178,000 --
Deed $132,000 --
Deed $132,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $765,872 FHA
Previous Owner $511,335 VA
Previous Owner $362,632 VA
Previous Owner $311,557 VA
Previous Owner $352,500 New Conventional
Previous Owner $228,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $780,000 0.0% $468 / Sq Ft
07/10/2022 07/10/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $780,000 +57.6% $468 / Sq Ft
06/14/2018 06/14/18 Sold $495,000 +1.2% $297 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $489,000 +37.7% $294 / Sq Ft
01/03/2014 01/03/14 Sold $355,000 0.0% $213 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $355,000 -- $213 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,456 $811,512 $405,756 $405,756
2024 $8,456 $795,600 $397,800 $397,800
2023 $7,989 $760,000 $380,000 $380,000
2022 $5,757 $530,738 $265,369 $265,369
2021 $5,563 $520,332 $260,166 $260,166
2020 $5,606 $514,998 $257,499 $257,499
2019 $5,495 $504,900 $252,450 $252,450
2018 $4,190 $382,462 $191,231 $191,231
2017 $4,107 $374,964 $187,482 $187,482
2016 $4,005 $367,612 $183,806 $183,806
2015 $3,941 $362,092 $181,046 $181,046
2014 $3,317 $311,100 $155,550 $155,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180018530

California Regional Multiple Listing Service (CRMLS)

APN: 105-233-12